What other business opportunities are excellent choices for those interesting in starting a business or investing in one this year? Here are five more of what I consider to be the best business opportunities of 2007:
6) Care Consulting
A parent has gotten to that certain age and stage where he really shouldn’t be living on his own anymore. But what are the options available and how much do they cost? Busy children don’t have the time to investigate them all or even know where to find out. Providing the answers and helping with the arrangements is an excellent business opportunity.
7) Baby gear
We may have a low birthrate but we sure do love to lavish attention and money on the children we do have. From cute togs through designer strollers, baby gear is big business. While the obvious business opportunity here is the retail storefront, there are all kinds of permutations that could also be profitable, such as an eBay business or a consignment store for used baby gear.
8) Doggie daycare/hotels
And then there are the non-human children, also known as pets. Many of us obviously feel that our pets should be treated just as well as people and are willing to spend the bucks to ensure that this is so. Cash in on this best business opportunity by opening a doggie daycare that lets busy dog “parents” work without guilt or by opening a doggie hotel that offers pampering for traveling pooches. Fashion inclined? Go to the dogs and create a line of doggie duds that owners won’t be able to resist.
9) Financial planners
I know I listed this as a best business opportunity last year, too, but this is such a growing market. Boomers seem to have an almost insatiable appetite for financial advice, perhaps because so many of them are about to retire and have a real need to get their financial houses in order. Financial planners, retirement planners and investment advisers who are good at what they do will find that this year is very good to them.
10) Personal Catering
Business opportunities abound for meeting the catering needs of busy professionals and families. Relieving people of some of their daily meal preparation chores while ensuring that they have nutritionally healthy but tasty meals is sure to be a hit. Think along the lines of what the daily housekeeper used to do. You could offer pre-packed lunchboxes or a week’s worth of entrees delivered, for instance. And then there’s catering for special occasions.
Continuing Trends - Medical tourism and construction trades continue to be stellar opportunities this year. Read more about them (and other business opportunities) in Best Business Opportunities 2006.
